The frozen vegetables market in Denmark has exhibited overall declining trends from 2012 to 2022. Starting from 57.518 million kilograms in 2012, the market has experienced fluctuations and progressive decreases, standing at 39.798 million kilograms in 2022. Year-on-year variations have often shown negative growth with significant drops such as -14.17% in 2013 and -8.86% in 2016. The recent years from 2020 to 2022 reveal smaller but consistent declines around -2.24% annually. The compound annual growth rate (CAGR) has ranged from -1.96% to -5.25% over various periods, indicating a consistent downward trajectory.
Future trends to watch for:
- Potential market stabilization or further decline due to consumption shifts towards fresh produce.
- Innovation in packaging and preservation could rejuvenate interest in frozen vegetables.
- Changes in consumer health behaviors and environmental concerns may also impact future demand.
How does Denmark rank in Frozen Vegetables Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 745,800,000 | 2023 | +0.43% | -0.23% | View data |
| 2 | 2 Belgium | 707,270,000 | 2023 | +1.85% | +1.16% | View data |
| 3 | 3 Germany | 706,520,000 | 2023 | +0.28% | +0.11% | View data |
| 4 | 4 Spain | 666,590,000 | 2023 | +2.66% | +1.98% | View data |
| 5 | 5 United Kingdom | 579,530,000 | 2023 | +0.97% | +0.91% | View data |
| 10 | 10 Portugal | 59,268,000 | 2023 | +0.9% | +0.35% | View data |
| 11 | 11 Finland | 51,807,000 | 2023 | +0.42% | -0.62% | View data |
| 12 | 12 Denmark | 38,906,000 | 2023 | -2.24% | -2.28% | |
| 13 | 13 Czech Republic | 35,827,000 | 2023 | -3.43% | -1.93% | View data |
| 14 | 14 Croatia | 16,735,000 | 2023 | +3.31% | -0.27% | View data |
